XRP Stays Put Amid Regulatory and Monetary Uncertainty

XRP's price has remained relatively stable at around $1.33 as investors await key decisions from the US regulatory and Federal Reserve.

The Senate is set to hold a procedural vote on September 15 on the revised CLARITY Act, which could bring much-needed clarity for XRP and DeFi protocols.

Meanwhile, the Fed's meeting on September 15-16 may raise interest rates, potentially putting pressure on XRP and other risk assets.

Institutional demand for XRP ETFs remains strong despite price weakness, suggesting potential for a rebound if regulatory and monetary conditions improve.